53 Lafayette Rd.
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2021 | Sold | ||
| Sold | |||
| May 31, 2018 | Listed by The North Shore Realty Group | $185,000 | |
| Listed by The North Shore Realty Group | |||
| | |||
|
Combine with #51 Lafayette Rd. for a total of 1.92 +or- Acres of Wooded Raw Land. #51 is 1.1 acres, #53 is .82 acres. Lafayette Main Zone D which allows for many uses to include Agricultural, Residential and Commercial. Close to Historic Newburyport, Salisbury Beach, New Hampshire Tax Free Shopping, Rte. 95 & 495. This is NOT a Drive By, Let's view these lots together. The Rail Trail is in your back yard.
| |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017